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How to apply for permanent residence in Malaysia? What are the requirements?

"Malaysia is my second home" one-stop center is located on the 23rd floor of Menara Dato 'onn. Webpage http://mm2h.motour.gov.my

From April 1 2006, the applicant of "Malaysia is my second hometown" must meet the following requirements:

Income situation

1. New applicant:

● People under the age of 50.

~ Open a fixed account of RM 300,000.

After 1 year, participants can withdraw a maximum of RM 240,000 for house purchase, children's local education and medical purposes.

~ Starting from the second year, you must keep a deposit of at least RM 60,000.

● People aged 50 and above.

~ open a fixed account of RM150,000; Or show your monthly income of RM 654.38+00,000 provided by legal institutions in your country, such as retirement plans.

~ Those who meet the conditions of time deposit can withdraw a maximum of RM 90,000 after 65,438+0 years for the purchase of real estate, children's local education and medical purposes, and must maintain a deposit of at least RM 60,000 from the second year.

2. Existing participants

Existing participants do not have to meet the new income conditions, but they must meet the conditions for the government to renew their licenses.

● Single, 65438+ million time deposit.

~ Up to RM 40,000 can be withdrawn for house purchase, children's local education and medical purposes;

~ Starting from the second year, you must keep a deposit of at least RM 60,000.

● RM/kloc-participants and spouses of 0/50,000 time deposits.

~ Up to RM 90,000 can be withdrawn for house purchase, children's local education and medical purposes;

~ Starting from the second year, you must keep a deposit of at least RM 60,000.

Remarks: If participants decide not to live in Malaysia, they can withdraw all time deposits at any time, but they must obtain the approval of the Ministry of Tourism first.

Medical report

~ All applicants must submit medical reports from local private or government hospitals.

medical insurance

~ Successful applicants must purchase medical insurance from any insurance company.

"Malaysia is my second hometown" award

(1) buying a house

Each participant is allowed to buy two houses with a value of at least RM 6.5438 +0.5 million; The local house prices are as follows:

A in a specific place in Sarawak, the house price is RM 350,000 or above;

B. Penang, Malacca and Johor, the house price is more than RM 250,000.

C The house price in other states is 654.38+0.5 million or above.

(2) Buy a car

Each participant can import foreign cars or buy locally assembled cars without paying import tax, domestic tax and sales tax.

However, they must be approved by the Ministry of Finance and the Ministry of International Trade and Industry.

(3) Local workers

According to the immigration guide, each participant can hire one worker.

(4) Education

The applicant is allowed to bring an only child under 18; Family members can apply for a student permit to study locally.

(5) Pay taxes

Participants must abide by Malaysia's tax policies, systems and regulations, and cannot be exempted from taxes for diplomatic missions, except retirees. Retirees must obtain the approval of their own state institutions in order to receive a pension every year.

On May 19, 2006, Malaysia Tourism Board took over my second home project in Malaysia and set up a one-stop service center in this department. The application manual has been simplified and broadened in all aspects to speed up the application.

If you are interested in applying for this proposal, you should contact Tourism Malaysia by email first. You can ask any questions and let them answer. They answer questions from foreigners every day.

The deposit of 300,000 ringgit only needs to hold the conditional approval letter issued by the local government after you get the conditional approval from the local government. Go to any bank in Malaysia to open a deposit together with other documents (see the website for details).

http://mm2h.motour.gov.my/cms/index.php?

Malaysia is my second home.

Ministry of Tourism of Malaysia

To the Ministry of Tourism,

23rd floor, Menara Dato 'ang,

Putra World Trade Center,

45 Ismail Street,

50695 Kuala Lumpur,

Malaysia.

Tel:+603-2696 3361/3353/3360/3364/3351

Fax: +603-2698 8533

E-mail :mm2h@motour.gov.my

Website: http://mm2h.motour.gov.my